Context In India, public procurement amounts to nearly 20-25% of GDP. This means that a significant amount of taxpayers’ money is directed towards making purchases of public goods and services that constitute the lifeblood of government programmes and services. Government …
Context Startup ecosystem of India has witnessed remarkable growth in recent years, with a surge in innovative ventures addressing diverse challenges. India is the 3rd largest startup ecosystem in the world, with more than 1 lakh registered startups. Traditionally centered …
About Geographical indication (GI) Tags According to Article 22 (1) of Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement of the World Trade Organization (WTO), GIs as “indications which identify a good as originating in the territory of a region …
Bitcoin halving refers to the 50% reduction in the reward paid to Bitcoin miners who successfully process other people’s cryptocurrency transactions so that they can be added to the public digital ledger known as the blockchain. In order to “grow” …
The Incheon Declaration was adopted on 21 May 2015 at the World Education Forum (WEF 2015) held in Incheon, Republic of Korea. The Incheon Declaration constitutes the commitment of the education community to Education 2030 and the 2030 Agenda for …
Context: As the Red Sea crisis enters its fourth month, global supply chains are increasingly grappling with inflated freights, delayed vessel schedules, and product shortages. It has once again brought to the fore the vulnerabilities of global supply chains, highlighting …
About SBM The Swachh Bharat Mission (SBM) was launched in 2014 to fulfil the vision of a cleaner India by 2 October 2019, as a tribute to Mahatma Gandhi on his 150th birth anniversary. The campaign is one of the …
About The Council of Scientific and Industrial Research-National Institute of Science Communication and Policy Research (CSIR-NIScPR), New Delhi came into existence in 2021 with the merger of erstwhile CSIR-National Institute of Science Communication and Information Resources (CSIR-NISCAIR) and erstwhile CSIR-National …
About EPFO The Employees’ Provident Fund came into existence with the promulgation of the Employees’ Provident Funds Ordinance in 1951. The Board administers a contributory provident fund, pension scheme and an insurance scheme for the workforce engaged in the organized …
Context: Recently various Opposition-ruled States especially from south India have claimed that they have not been receiving their fair share as per the present scheme of financial devolution. They have raised issues about their less than proportionate share of receipt …